The JSE closed lower on Thursday with miners faring worst amid jittery global markets, as US bonds resumed their earlier sell-off, which led to the sharp drop in equity markets earlier in the week.Analysts said investors across the globe are still unsure over whether the recent market correction presented an opportunity to buy in the dips, or if it would be better to remain on the sidelines until the dust settles.European markets were weaker and the Dow was 0.4% lower soon after the JSE’s close. The FTSE 100 lost 0.93% after the Bank of England kept interest rates unchanged, as expected, but presented a more hawkish view on future interest-rate hikes.Locally, political issues affected sentiment negatively after the ANC could not provide further information on when President Jacob Zuma was set to resign as head of state.Local data earlier in the day was mixed. Growth in mining production dropped to 0.1% in December, well below a Trading Economics consensus forecast of 3.4%. Manufactu...
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